Steel Mills

Nucor spot HR list price unchanged at $900/ton

Written by David Schollaert


Nucor kept its weekly list price for hot-rolled (HR) coil unchanged this week following a price cut of $10 per short ton (st) last week.

The steelmaker said in a letter to customers on Monday that its consumer spot price (CSP) for HR coil would remain at $900 per short ton (st).

Nucor also said pricing at its West Coast joint venture, California Steel Industries (CSI), would remain unchanged from last week at $960/st.

You can track steel mill price announcements using the calendar on our website.

Charlotte, N.C.-based Nucor also said it would continue to offer HR lead times of 3-5 weeks.

On July 22, SMU assessed spot HR coil prices at $800-890/st, averaging $845/st. We also pegged HRC lead times to be between three and six weeks, with an average of 4.4 weeks.

Watch for updated steel prices on Tuesday. Our next mill lead times assessment will be Aug. 6.

David Schollaert

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